STOCK TITAN

AIkido Pharma Inc. Provides Update to Machine Learning Pancreatic Cancer Research

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

AIkido Pharma Inc. (Nasdaq: AIKI) provided an update on its machine learning-driven pancreatic cancer research, identifying 100 candidate markers associated with the disease. In collaboration with The University of Texas Southwestern Medical Center and Cogia BioTech, the Company aims to enhance diagnostic procedures and tailor drug treatments for patients. CEO Anthony Hayes emphasized the significance of machine learning in oncology drug development. AIkido also develops therapies for various cancers and a broad-spectrum antiviral platform targeting multiple viruses.

Positive
  • Identified 100 candidate genetic markers for pancreatic cancer which could aid in early diagnosis and treatment.
  • Partnerships with prestigious institutions enhance research credibility and development potential.
  • Research may result in personalized treatment plans for patients, improving outcomes.
Negative
  • None.

NEW YORK, June 26, 2020 /PRNewswire/ -- AIkido Pharma Inc. (Nasdaq: AIKI) ("AIkido" or the "Company") today announced an update to its machine learning driven pancreatic cancer research.

As previously reported, the Company executed a Scientific Research Agreement with The University of Texas Southwestern Medical Center and Cogia BioTech to use machine learning to find genetic markers in people that indicate an increased risk of developing pancreatic cancer. This work has recently identified 100 candidate markers of early and late stage pancreatic cancer, in human and preclinical models.  Moving forward, the work will stage diagnostic markers, test prognostic indicators, and help identify drugs best suited for individual patient treatment.

Anthony Hayes, CEO of AIkido stated, "Machine learning is an important contributor to this work and to the future of oncology drug development and treatment, and the research to date is encouraging. We hope this effort will help extend life for pancreatic cancer patients."

About AIkido

AIkido was initially formed in 1967 and is a biotechnology company with a diverse portfolio of small-molecule anti-cancer therapeutics.  The Company's platform consists of patented technology from leading universities and researchers and we are currently in the process of developing an innovative therapeutic drug platform through strong partnerships with world renowned educational institutions, including The University of Texas at Austin and Wake Forest University. Our diverse pipeline of therapeutics includes therapies for pancreatic cancer, acute myeloid leukemia (AML) and acute lymphoblastic leukemia (ALL). In addition, we are constantly seeking to grow our pipeline to treat unmet medical needs in oncology.  The Company is also developing a broad spectrum antiviral platform that may potentially inhibit replication of multiple viruses including Influenza virus, SARS-CoV (coronavirus), MERS-CoV, Ebolavirus and Marburg virus.

Forward-Looking Statements

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contact:




Investor Relations:

Hayden IR


Brett Maas, Managing Partner


Phone: (646) 536-7331


Email: brett@haydenir.com


www.haydenir.com



AIkido:

Phone: 212-745-1373


Email: investorrelations@AIkido.com


www.AIkido.com

"Cision" View original content to download multimedia:http://www.prnewswire.com/news-releases/aikido-pharma-inc-provides-update-to-machine-learning-pancreatic-cancer-research-301084406.html

SOURCE AIkido Pharma Inc.

FAQ

What recent update did AIkido Pharma (AIKI) announce regarding pancreatic cancer research?

AIkido Pharma announced the identification of 100 candidate genetic markers associated with pancreatic cancer.

Which institutions is AIkido Pharma collaborating with on its pancreatic cancer research?

AIkido Pharma is collaborating with The University of Texas Southwestern Medical Center and Cogia BioTech.

What is the significance of machine learning in AIkido Pharma's research?

Machine learning is used to identify genetic markers that may improve diagnosis and treatment options for pancreatic cancer.

How many candidate markers has AIkido Pharma identified for pancreatic cancer?

AIkido Pharma has identified 100 candidate markers for pancreatic cancer.

aiki

NASDAQ:AIKI

AIKI Rankings

AIKI Latest News

AIKI Stock Data

19.53M
Payroll Services
Professional, Scientific, and Technical Services
Link
US
New York